Auto Warranty Companies Fight For Your Business

extended car warranty - The realm of auto warranty companies is a fiercely competitive one. There are a limited variety of cars on the highway - granted, there are many them, and every one of them, at one point or still, has or enjoyed a warranty - but with the large number of companies fighting for your business of those drivers, it means that each car owner is the target of some very hungry sales reps.

This can be quite a daunting position to stay in for a car owner. Whether you are purchasing a new car coming from a dealership, or purchasing a used car, there will be people selling you their warranty services.

Inside the dealership, you may come across a pushy sales representative that will try everything they can to get you to sign on to have an extended warranty whenever you help make your initial purchase. You can find benefits to buying at that time, including obtaining the costs of the warranty rolled up into the financing for the car, and knowing that your dealership will continue to be the area to get any repairs or replacements done. But these comforts could end up costing you hundreds or thousands of dollars in the end. Sales people make large commissions on warranties, so they're eager to obtain to sign up for one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you should pay more up-front with those third-party companies, as opposed to adding a little number in your monthly car payment bills. However it would likely help you save money.

But just as not all the car sales person has gone out to rip you off, not every third-party providers are great guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the terms and conditions of the warranties they offer. If a company won't let you review the warranty before you buy, don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road. Auto warranty companies will fight to gain you as being a client, so use that to your advantage. Make a price comparison, look at each of the regards to the warranties offered, and tell the businesses you talk to “hey, make me the most effective offer.” Someone else will if they can't.